Internal China Fight To De-Peg The Yuan Stymied By Euro Fall
By DOUG TSURUOKA, INVESTOR'S BUSINESS DAILY Posted 06/10/2010
The U.S. government has fruitlessly pushed China to let the yuan rise vs. the dollar, making American goods more competitive. But a more critical ? and more obscure ? fight is taking place between Chinese monetary and trade officials.
The policy feud outcome could have a major impact on China's economy, the yuan and U.S. exports to what will one day be the world's largest consumer market
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